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What is your year end balance

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Reference no: EM131158185

Your business uses the allowance method to account for uncollectible receivables.

At the beginning of the year, Allowance for uncollectible accounts had a credit balance of $ 1 comma 500$1,500.

During the year you wrote off bad receivables of $ 2 comma 500$2,500and recorded Bad debt expense of $ 2 comma 300$2,300.

What is your year-end balance in Allowance for uncollectible accounts?

a. 1300

b. 4000

c. 2300

d. 3800

Reference no: EM131158185

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